Asset Allocation
Texas, MIT Endowments See Strong Gains; Illinois, Missouri Post Weak Returns
Texas, MIT return 9.5% and 8.3%, respectively, while Illinois loses 2.5% and Missouri gains 1.15%.
Adjustments made to lower risk, and in anticipation of lower returns.
Investment and endowment income, net of fees, jumps to $285.2 million from $22.2 million.